History and Introduction
I have always been interested in the relationship between different currency pairs and how they develop different patterns in relation to each other. Back in September 2010 I started working on a strategy that revolved around my knowledge, experience and research of currency correlations.
Over the next 5 months I undertook extensive forward and back testing until I came up with a complete working strategy in February 2011. The strategy was then forward tested in a demo account over the next 3 months. The results were very good as I made around a return of 100% in those 3 months by risking around 2% per trade. I used a fair degree of discretion whilst forward testing the strategy. This is how I managed to achieve the super % gains – a mixture of the fundamental underlying trading strategy and my own discretion built on my extensive market and trading experience.
Due to both personal circumstances and other trading interests I abandoned this project. I found that I am much better suited to discretionary trading based around order-flow concepts. So the trading strategy essentially fell by the wayside until now.
Over the last few months I have re-visited the strategy and decided to adapt it to a more mechanical strategy which could be learnt by traders of varying experience.
The variation of strategy which I have since produced is based on the same principles as the original strategy, but now it is completely ‘mechanical’ i.e. does not require any discretion. Therefore the actual strategy, entries, stop loss and exits are now completely rule based. Of course without the discretionary / experience based element the strategy is less profitable, but due the mechanical nature anyone can now trade it and as a trader gains experience they can than add discretionary elements to the strategy in order to further increase profits.
The revised version of the strategy has undergone some basic forward testing, however due to constraints (because as mentioned above I myself now trade via discretionary methods) I have not been able to dedicate the time required to test the revised correlation strategy.
It is for this reason that I am looking for traders who are willing to work with me on this strategy and develop statements to evaluate the true potential of the strategy. There will be a small fee involved ($50) for the following reasons:
1. I only require a small group of dedicated traders, thus requiring a small fee will ensure only serious dedicated traders apply. Charging a fee also ensures that I have an obligation to devote the time required to the project.
2. The project will involve me providing significant time and assistance to the group of traders – thus my normal earnings will be reduced during this time.
I will be accepting ONLY 20 people for this project as I want to keep the group to a small dedicated number. At the end of the project (estimated 3 months) every member of course is free to use the strategy and the extensive research as they so wish.
What’s in for you?
If are serious about devoting the time required for this project you can check the basic description of the strategy in the following posts and make a better decision if this strategy is right for or not.
If you are interested and you sign up to the project, you will receive a PDF of the strategy containing full details regarding entry, exits and trade management. Thus the PDF will provide you with EVERYTHING you need to start trading the strategy.
There will also be a Skype group where I will answer questions, share ideas, trade signals and evaluate results. This project will last for approximately 3 months and I will collate and evaluate results on an ongoing basis and if necessary the strategy will be tweaked accordingly.
Think of it as a project where you will be working with me and 19 others who are experienced fully committed traders with common interests.
Like with anything else in this business there is a risk in this endeavor and that is that this method may not work for you and you will end up $50 poorer after 3 months. But the reward is unlimited as you’ll end up with a mechanical strategy that is proven profitable as it would have been scrutinized, tested, evaluating and tweaked if necessary by like minded individuals.
Therefore, after 3 months you will have a profitable trading strategy in your hands with you being fully trained to trade it for just $50.
What’s in it for me?
Obviously there is some income, but it will not even compensate for the 3-4 months of my time that I will devote to this project (outside of trading hours). My main aim is to prove that method is profitable and work with likeminded traders to ensure the strategy reaches its potential.
My interests are highly vested in your success and I will try to do all I can to assist in developing and refining the strategy (if needed) over the 3 month period.
Basic Requirements
The system is pretty simple and straight forward but there are some minor details that require the trader to have a grasp of basic SR trading and to have a basic concept of how to differentiate between Ranging and Trending markets.
It’s not really a big issue though but I don’t want complete beginners asking me to teach them SR and tell them every time if market is in trending or ranging.
I have my own trading to take care off , thus I want to ensure that I am devoting my time to assisting the group so don’t apply if you are a complete beginner. All I require is people have at least 6 months experience with the markets and a fair grasp of the concepts mentioned above – as well as being serious about devoting time to evaluating the strategy and sharing results with the Skype group.
IMPORTANT STUFF.
I would prefer if you contact me via Skype @ Amerca779.
If you dont use Skype, You can send me a PM here or use this contact form on the blog.
Thanks.
.
I have always been interested in the relationship between different currency pairs and how they develop different patterns in relation to each other. Back in September 2010 I started working on a strategy that revolved around my knowledge, experience and research of currency correlations.
Over the next 5 months I undertook extensive forward and back testing until I came up with a complete working strategy in February 2011. The strategy was then forward tested in a demo account over the next 3 months. The results were very good as I made around a return of 100% in those 3 months by risking around 2% per trade. I used a fair degree of discretion whilst forward testing the strategy. This is how I managed to achieve the super % gains – a mixture of the fundamental underlying trading strategy and my own discretion built on my extensive market and trading experience.
Due to both personal circumstances and other trading interests I abandoned this project. I found that I am much better suited to discretionary trading based around order-flow concepts. So the trading strategy essentially fell by the wayside until now.
Over the last few months I have re-visited the strategy and decided to adapt it to a more mechanical strategy which could be learnt by traders of varying experience.
The variation of strategy which I have since produced is based on the same principles as the original strategy, but now it is completely ‘mechanical’ i.e. does not require any discretion. Therefore the actual strategy, entries, stop loss and exits are now completely rule based. Of course without the discretionary / experience based element the strategy is less profitable, but due the mechanical nature anyone can now trade it and as a trader gains experience they can than add discretionary elements to the strategy in order to further increase profits.
The revised version of the strategy has undergone some basic forward testing, however due to constraints (because as mentioned above I myself now trade via discretionary methods) I have not been able to dedicate the time required to test the revised correlation strategy.
It is for this reason that I am looking for traders who are willing to work with me on this strategy and develop statements to evaluate the true potential of the strategy. There will be a small fee involved ($50) for the following reasons:
1. I only require a small group of dedicated traders, thus requiring a small fee will ensure only serious dedicated traders apply. Charging a fee also ensures that I have an obligation to devote the time required to the project.
2. The project will involve me providing significant time and assistance to the group of traders – thus my normal earnings will be reduced during this time.
I will be accepting ONLY 20 people for this project as I want to keep the group to a small dedicated number. At the end of the project (estimated 3 months) every member of course is free to use the strategy and the extensive research as they so wish.
What’s in for you?
If are serious about devoting the time required for this project you can check the basic description of the strategy in the following posts and make a better decision if this strategy is right for or not.
If you are interested and you sign up to the project, you will receive a PDF of the strategy containing full details regarding entry, exits and trade management. Thus the PDF will provide you with EVERYTHING you need to start trading the strategy.
There will also be a Skype group where I will answer questions, share ideas, trade signals and evaluate results. This project will last for approximately 3 months and I will collate and evaluate results on an ongoing basis and if necessary the strategy will be tweaked accordingly.
Think of it as a project where you will be working with me and 19 others who are experienced fully committed traders with common interests.
Like with anything else in this business there is a risk in this endeavor and that is that this method may not work for you and you will end up $50 poorer after 3 months. But the reward is unlimited as you’ll end up with a mechanical strategy that is proven profitable as it would have been scrutinized, tested, evaluating and tweaked if necessary by like minded individuals.
Therefore, after 3 months you will have a profitable trading strategy in your hands with you being fully trained to trade it for just $50.
What’s in it for me?
Obviously there is some income, but it will not even compensate for the 3-4 months of my time that I will devote to this project (outside of trading hours). My main aim is to prove that method is profitable and work with likeminded traders to ensure the strategy reaches its potential.
My interests are highly vested in your success and I will try to do all I can to assist in developing and refining the strategy (if needed) over the 3 month period.
Basic Requirements
The system is pretty simple and straight forward but there are some minor details that require the trader to have a grasp of basic SR trading and to have a basic concept of how to differentiate between Ranging and Trending markets.
It’s not really a big issue though but I don’t want complete beginners asking me to teach them SR and tell them every time if market is in trending or ranging.
I have my own trading to take care off , thus I want to ensure that I am devoting my time to assisting the group so don’t apply if you are a complete beginner. All I require is people have at least 6 months experience with the markets and a fair grasp of the concepts mentioned above – as well as being serious about devoting time to evaluating the strategy and sharing results with the Skype group.
IMPORTANT STUFF.
I would prefer if you contact me via Skype @ Amerca779.
If you dont use Skype, You can send me a PM here or use this contact form on the blog.
Thanks.
.